Meito Sangyo Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 27, 2024; Provides Dividend Guidance for the Second Quarter-End and Year-End of Fiscal Year Ending March 31, 2025
May 13, 2024 at 03:00 am
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Meito Sangyo Co., Ltd. announced year-end dividend of JPY 15.00 per share for the fiscal year ended March 31, 2024 compared to JPY 13.00 per share paid a year ago. Scheduled date of commencing dividend payments is June 27, 2024.
For the second quarter-end of fiscal year ending March 31, 2025, the company expects to pay second quarter-end dividend of JPY 14.00 per share compared to JPY 13.00 per share paid a year ago.
For the fiscal year ending March 31, 2025, the company expects to pay year-end dividend of JPY 16.00 per share compared to JPY 15.00 per share paid a year ago.
Meito Sangyo Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of food and chemical products, as well as the real estate business. The Company operates through three business segments. The Food segment manufactures and sells chocolate, powdered beverages, baumkuchen, jelly, ice cream, candy, cakes, nutritional foods, and others. The Chemicals segment includes rennet (coagulant for cheese), lipase (lipolytic enzyme), dextran (plasma expander, blood flow improver and others), fragrance (food additive), dextran sulfate (hyperlipidemia) Dextran magnetite (MRI contrast agent, medical equipment materials and others), mixed feed, dextran iron (animal drug), among others. The Real Estate segment in involved in the management of golf courses and the leasing of real estate.
Meito Sangyo Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 27, 2024; Provides Dividend Guidance for the Second Quarter-End and Year-End of Fiscal Year Ending March 31, 2025